Today: IIP surges in April, new Delta variant in UK more infectious, & more
The market opened in the green and climbed through the day.
Auto, IT, metal, and pharma stocks performing well today.
The British government said that the Delta variant that emerged from India is 60% more transmissible within households than the Alpha variant in January.
India's index of industrial production (IIP) was up 134.4% in April 2021 from the same month last year.
IIP rose to 126.6 in April from 54.0 last year.
Canara Bank has said that IFSC codes of the former Syndicate Bank branches will change from July 1.
Customers have to use the new CANARA IFSC for receiving funds through NEFT/RTGS/IMPS.
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Today: PM Modi talks about free vaccination, NCLT Approves Piramal's Resolution Plan, New ITR Filing Website & more
The market closed up today with Nifty touching an all-time high.
Auto sector stocks performed well today. Financials, pharma, metals, and IT sectors performed poorly today while the mid-cap and small-cap stocks did well.
PM Modi in today’s address stated that 75% of the vaccine capacity will be procured by the Central Govt and 25% for private hospitals to procure.
All vaccines will be provided free of cost to all states from June 21.
Today: Ultratech Cement Q4, Covaxin being directly supplied to states, & more
The markets gained today for the 4th straight day with stocks from the metal and pharma sectors performing well.
Q4 Results Corner: Ultratech Cement
Net profit = Rs 1,775.23 crores - 45% fall from the same quarter last year.
Dividend of Rs. 37 per share.
Share price fell 1.22% - Rs 6,403.1 per share.